Tag Archives: oil

Business/Economics, Idaho, International, U.S.

What Economic Recovery? 4,000 people stranded when Australian airline is suddenly deleveraged by too big too fail creditors

The latest corporation to become a victim of global deleveraging, is Air Australia.

Deleveraging is when the too big too fail banks take away your line of credit, and demand full, and instant payment of all debts.  Here in Idaho Wells Fargo Bank deleveraged several businesses in the past few years, including a Pontiac dealer in Idaho Falls, and several Sportsman Warehouse stores (owners of both businesses say they were not in financial trouble).

On February 17 (Australia time), 2012, the executives of Air Australia were suddenly told their line of credit had been suspended.  The result was that Air Australia could not buy fuel for use on flights where passengers were about to board, or planes were waiting to take off.  That has left at least 4,000 people stranded!  Another 10,000, who bought tickets for future flights, will not get their money back.

Air Australia has been losing money, especially after it lost a 90 million Australian dollars contract with the Australian Department of Defense.

It looks like the Australian airline industry is run the way the U.S. airline industry is, and that has some people calling for an investigation: “It does say something about…the fact the aviation industry should be properly investigated in this country.”-Tony Sheldon, Transport Workers Union

Business/Economics, International, Technology, U.S.

Mazda builds clean burning Diesel powered CX-5 Crossover, better MPG than Hybrid SUVs. Don’t expect it for sale in NAZI environmentalist U.S.A.

Mazda has introduced a new clean burning diesel powered Crossover Utility Vehicle.  It’s powered by a 2.2 liter diesel, and gets 46 miles per gallon on the highway.  That’s better than current hybrid SUVs.

The new Mazda diesel CUV is smaller than most SUVs. It’s based on the Minagi concept crossover, and is also known as the CX-5.

Don’t look for it in the United States though, Mazda plans on selling it in Japan and Europe only (due to the unfriendly attitude towards diesel powered cars under U.S. emission laws, and the stigma many people in the U.S. still have about diesels).

Business/Economics, International, U.S.

Israel demands that Japan stop buying Iranian oil, Japan tells Israel to back off!

Israel’s Defense Minister, Ehud Barak, demanded, on Japanese TV, that Japan cut back on oil imports from Iran.  He’s in Japan on a five day visit.

Japanese officials fired backed, basically telling Israel to back off.  Japan’s Foreign Minister, Koichiro Gemba, told Ehud Barak that Israel needed to handle Iran’s nuclear issue calmly.

Gemba also told Barak that military options could lead to Arab countries finally uniting against the Zionist state.

Japan’s Prime Minister, Yoshihiko Noda, made similar statements.

International, U.S.

Resolution against Syria passes UN General Assembly, France pushes for new Security Council Resolution

The United Nations General Assembly passed a non-binding resolution calling for Syria’s president to step down.  However, since it is non-binding the UN can not force the issue.

France is making a new push for a new UN Security Council resolution.  This new resolution is focusing on using UN Peacekeeping forces to enforce access to humanitarian aid.  Russia might support such a resolution.

12 countries voted against the UN General Assembly resolution. They are: Bolivia, Belarus, Cuba, China, Ecuador, Iran, Nicaragua, North Korea, Russia, Syria, Venezuela and Zimbabwe.

15 countries abstained: Angola, Armenia, Fiji, Cameroon, Comoros, Myanmar, Namibia, Nepal, Sri Lanka, Saint Vincent, Suriname, Tanzania, Tuvalu, Uganda and Vietnam.

 

International, U.S.

Red Horse & Evil United States: U.S. backed Libyan Rebels make Gaddafi look good

“A year ago Libyans risked their lives to demand justice. Today their hopes are being jeopardized by lawless armed militias who trample human rights with impunity.”-Donatella Rovera, Amnesty International

Amnesty International has documented cases of torture and murder of Libyans, by the U.S. and European backed rebel forces.

A year ago the United States, and European countries, revealed their support for rebellion in Libya.  The reason, they claimed, was to bring freedom and stop human rights violations.  A year later Amnesty International says things are even worse under the rule of the U.S. backed rebels!

“Militias in Libya are largely out of control and the blanket impunity they enjoy only encourages further abuses and perpetuates instability and insecurity.”–-Donatella Rovera, Amnesty International

In the past few weeks Amnesty International visited prisons in Libya.  They found people who had been tortured to the point of confessing to crimes they did not commit.  They also found evidence that at least 12 people had been tortured to death.  The torture included beatings and electrocutions.  So much for the promise of U.S. style freedom and an end to human rights violations!

Observers even witnessed the torture, that’s how confident the U.S. backed rebels feel.  They saw people being beaten mercilessly, one rebel doing the beating said it’s that or kill the prisoners: “…those from Tawargha will not be released or we’ll kill them.”  

Rebels are taking revenge on the people of Tawargha, for their support of Gaddafi.  The ineffectual, and U.S. backed, Trans National Council government is not doing anything to stop rebel militias from wanton tortures and killings.

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

International, U.S.

World War 3: Former Israeli Mossad boss says war with Syria is bad for Israel

February 16, 2012, a former Israeli intelligence chief told Japan’s NHK news that the loss of the current Syrian government would actually be bad for Israel.

Efraim Halevy, who served as Mossad director from 1998 to 2002, is warning of chaos in the Middle East should the current Syrian government of President Bashar al-Assad fall.

He said such a loss would create a power vacuum, and weapons would flow freely into the hands of those groups who hate Israel.  Halevy also suggested that it was in Israel’s interests to keep the Assad government in power, even if it meant supporting Assad militarily!

Business/Economics, International, Technology, U.S.

Iran unveils homemade Nuclear Fuel Rods, Nuclear Drugs, Nuclear Cake and 3,000 new Centrifuges

A few days ago Iranian President, Mahmoud Ahmadinejad, said he would reveal Iran’s latest nuclear achievements.

Today, it was revealed that Iran makes its own nuclear fuel rods, radio-pharmaceuticals, and has added 3,000 centrifuges to its program to produce enriched uranium.

Iranian made nuclear fuel rods were placed in the Tehran Research Reactor.  The fuel rods were made under the supervision of the International Atomic energy Agency.  This is the last step in Iran’s nuclear fuel cycle.

Iran has also increased the number of centrifuges from 6,000 to 9,000.  This increases Iran’s ability to make uranium “yellow cake” by 50%.  Iranian officials say that their Isfahan Uranium Conversion Facility is under the supervision of the International Atomic Energy Agency (IAEA).

Iran has also begun production of several pharmaceutical drugs using radio isotopes (like cancer treatment drugs).

Iran says they don’t trust the latest negative reports from the IAEA, preciously because the IAEA has been openly watching their nuclear program, and has never lodged a formal complaint directly with the Iranian government.

 

Business/Economics, International, U.S.

World War 3: Iranian media reports suggest that Iran is about to cut off oil to 6 European countries, lack of Human Rights in Europe being blamed

February 15, 2012, confusing reports in the Iranian media.  Unofficial sources (like PressTV, it is not an official Iranian media source) are saying that Iran has blocked oil shipments to six European countries.

However, official sources (like Islamic Republic News Agency [IRNA]) say only that ambassadors from six European countries have been summed to the Iranian government, to discuss “issues”.

The six countries are Italy, Spain, France, Greece, Portugal, and Netherlands.

The IRNA is quoting Iran’s Director General of West Europe Affaires at Foreign Ministry, Hassan Tajik: “Our response is that sanctions cannot affect Iranians’ will, rather, it will have an adverse impact on European people. Europe is in a difficult economic condition and is facing a harsh winter. Iran cannot remain indifferent towards EU oil ban. We do not have any problem in terms of finding customers for our oil and selling it to other countries. However, based on humanitarian policies and given the conditions of European countries, we have decided to send a serious message to the Europeans which are parties to oil contracts. We can instantly replace oil customers.”

In other words it seems like Iran has identified which European countries it would cut off, and has given them warning, but they have not actually cut off the oil at this point.

It’s interesting that Iran is implying that violation of human rights within Europe is a main factor in their decision to possibly cut off the oil.

International, U.S.

White Horse, Red Horse & World War 3: More proof the United States is in bed with al Qaeda, al Qaeda supports war on Syria!

I’ve pointed out in other postings how more and more evidence is coming out that supports conspiracy theorist’s claims that al Qaeda works for the United States.

How about this one: al Qaeda just announced they support the West’s war on Syria!   “Continue your revolt and anger, don’t accept anything else apart from independent, respectful governments.”-Ayman al-Zawahri, successor of Osama bin Laden

A Middle East analyst told Russian media that al Qaeda and the U.S. are definitely working together: “It seems that al Qaeda and the Western bloc are working in the same way and they have the same target, which is to destroy the regime in Syria and to collapse it.  Al Qaeda never denied its presence in Syria.  Al Qaeda never denied its support of insurgents in Syria.”-Hisham Jaber, Center for Middle East Studies

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.

Business/Economics, International, U.S.

White Horse, Pale Green Horse & World War 3: South American sanctions are starving out Falkland Islanders

On February 11, 2012, the British Broadcasting Company (BBC) reported that people living on the Falkland (Malvinas) Islands are facing a food shortage, due to economic sanctions brought by several South American countries.

Argentina is upset because the United Kingdom failed to meet a UN resolution to discuss the return of the Islands to Argentine control.  Other South American countries became upset when the U.K. sent a sizable naval force to the Islands. They responded by halting food shipments.

Argentina, Chile, Brazil, and Uruguay, are refusing to allow ships carrying the Falklands’ flag to dock in their ports.

Argentina is threatening to shut down the only air service to the Falklands from South America. That service is provided by Chile, but it must fly through Argentine air space.

The situation has been made worse by the discovery of huge oil deposits, and the involvement of a major U.S. oil company.

I looked and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him.  They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.

I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.